Listen: Staples, Wells Fargo And Connie discussed on Business Beware
"That largely because of weakness in Wells Fargo a few other ones, but the financials and the transportation stocks both broke out this week. And that bodes well for main street and for Wall Street, remember as the economy grows more things are moving in the economy that bodes well for the transportation stocks because they move stuff when you Connie slows all things being equal transportation volume decreases and money fenders, the financials the banks they tend to do. Well, when the is humming and doing in growing, they tend to not as well when things are slowing down for obvious reasons. So as good proxy for the economy. I always liked to look at the financials and the transportation stocks because it gives you good gauge on what is happening for for matron. Of course, you look at the Staples. By the way, there's a lot of other ones you can use as well. And the Staples is the X L P, which a consumer Staples stocks. That's about the breakout to a new high. And you can look at. I mean, there's lots of other ways to gauge the economy to the transportation, the financial the only ways, but. It's a very good sign to see for both matron Wall"